European Sustainability Reporting Standards are welcome but need refining and phasing in
Review of ELD must not undermine availability of insurance or growth of environmental liability insurance market
EC proposal for European Health Data Space welcomed; further work needed to avoid legal uncertainty
Insurers support ISSB’s SDS as global baseline; close cooperation with EFRAG required to ensure full compatibility of reporting standards
Clear communication is key to insurance customer relations
Europe’s insurers pay out €1 010bn annually in claims and benefits
The insurance industry is Europe’s largest institutional investor, with a portfolio equivalent to 61% of GDP
Through its 36 member associations, Insurance Europe represents over 4 900 insurance and reinsurance undertakings of all types and sizes
Insurance Europe’s members write €668bn of life premiums, €419bn of property & casualty premiums and €173bn of health premiums every year